Sports Direct shares dive after results chaos

Mike Ashley group warned of ‘terminal’ House of Fraser problems and £605m tax bill Shares in Mike Ashley’s Sports Direct crashed by more than a quarter after the retailer’s disastrous annual results announcement on Friday, a chaotic day that saw several delays and shock financial revelations.The shares plummeted by 27% to 166.6p when trading opened on Monday, in the stock market’s first response to the shambolic annual statement that included a warning that th